Super Sales India Ltd.'s AGM Resolves Key Matters; Financial Statements and Director Re-appointment Passed
Super Sales India Ltd. reported the successful outcome of its 44th Annual General Meeting (AGM), held on Monday, July 20, 2026. The meeting, conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), saw shareholders pass several critical resolutions regarding financial statements, dividend declaration, and key appointments.The results of the voting, which included both remote e-voting and in-meeting e-voting, were declared by the Scrutinizer, Mr. M D Selvaraj, FCS, Managing Partner of MDS & Associates LLP. All six ordinary resolutions were passed with the requisite majority.
Voting Results Summary
The AGM sought approval for a series of matters set out in the notice dated May 18, 2026. Below is a detailed breakdown of the votes cast on the various resolutions:Financial Statements and Dividend Declaration (Item No. 1 & 2)
Regarding the adoption of Audited Annual Financial Statements for the financial year ended March 31, 2026, along with reports from the Board of Directors and Auditors, the resolution was passed as an Ordinary Resolution. The voting details were:
| Particulars | Total E-Votes Received (Members) | Net Valid E-Votes (Shares) | Assent Votes | Dissent Votes |
|---|---|---|---|---|
| Adoption of Audited Annual Financial Statements | 57 | 19,17,957 | 54 / 19,17,954 (100.00%) | 3 / 3 (Negligible) |
Similarly, the resolution for the Declaration of Dividend for the financial year ended March 31, 2026, was passed as an Ordinary Resolution with requisite majority:
| Particulars | Total E-Votes Received (Members) | Net Valid E-Votes (Shares) | Assent Votes | Dissent Votes |
|---|---|---|---|---|
| Declaration of Dividend | 57 | 19,17,957 | 55 / 19,17,955 (100.00%) | 2 / 2 (Negligible) |
Director and Auditor Appointments (Item No. 3 & 4)
The company successfully renewed its board representation and appointed new statutory auditors during the AGM:
| Resolution | Appointment/Action | Total E-Votes Received (Members) | Net Valid E-Votes (Shares) | Assent Votes | Dissent Votes |
|---|---|---|---|---|---|
| Re-appointment of Sri. Sanjay Jayavarthanavelu | Director on retirement by rotation | 57 | 19,17,957 | 55 / 19,17,955 (100.00%) | 2 / 2 (Negligible) |
| Appointment of M/s. S. Krishnamoorthy & Co. | Statutory Auditors | 57 | 19,17,957 | 54 / 19,17,954 (100.00%) | 3 / 3 (Negligible) |
Related Party Transaction and Remuneration Ratification (Item No. 5 & 6)
The AGM members approved the company's transaction with LMW Limited (formerly Lakshmi Machine Works Limited). The resolution garnered Assent of 39 shares out of a net valid total of 92,559 shares, resulting in the resolution being passed as an Ordinary Resolution.
In addition, the ratification of remuneration for Sri. G. Sivagurunathan, Cost Auditor for the financial year 2026-2027, was approved by the shareholders (Assent: 55 / 19,17,955; Dissent: 2 / 2).
Details on Related Party Transaction Voting
For the approval of transactions with LMW Limited, while the resolution passed as an Ordinary Resolution, note was made that sixteen (16) shareholders holding 18,25,396 equity shares were noted not to have voted. The voting metrics for this resolution were:| Mode of Voting | Total E-Votes Received | Net Valid E-Votes | Assent Votes | Dissent Votes |
|---|---|---|---|---|
| Remote E-Voting | 41 | 92,561 | 39 / 92,559 (100.00%) | 2 / 2 (Negligible) |
Meeting Operations
The Scrutinizer's report confirms that the company utilized e-voting services from NSDL for both remote and in-meeting voting processes. The remote e-voting period ran from July 17, 2026, to July 19, 2026. The e-voting facility provided during the AGM was enabled post-conclusion of proceedings at 4:05 PM and was subsequently disabled.Stock Price Movement
Super Sales India Ltd. is ticking up at ₹1070.00 as of 11:19, rising by 1.99%. The shares have moved through an intraday range that extends from a low of ₹1054.35 to a high of ₹1090.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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